Is ACH An Effective Way To Buy Bitcoin?

Buying and selling Bitcoin is getting easier with the launch of many new application and support systems. The cryptocurrency arena has seen a sea of change in the past few years and it is set to change a lot in the coming years. Buying Bitcoin was tough earlier but this is not the case anymore as more number of people is involved in trading and is looking for easier way to buy Bitcoin. There are number of ways to get Bitcoin and this includes ACH, bank transfer facility, Skrill and much more. Check out how to go about it through well-explained guide.

Buy Bitcoin through ACH

ACH is a prominent way for citizens of the United States and many other countries to send as well as receive payments using the money in their bank account. It is also possible to buy bitcoins via ach transfer in just few steps. ACH is a trusted method of payment for banking customers in many other countries that facilitates selling and buying Bitcoin easily, securely and instantly. There are a number of platforms that supports buying Bitcoin and this include Coinbase, CEX IO, Etoro, Coinmama, Gemini and other such portals.

Etoro

Etoro comes across as a popular platform when it comes to Bitcoin trading. Etoro has been working for democratizing traditional money management since 2007, thereby facilitates opening the financial markets to many. Deposits can be done through wire transfer, bank transfer, bank card, e-wallet and other such prominent source. It is possible to withdraw funds from Etoro account anytime with ease and that too without any charges. Etoro does not offer CFDs. It provides only real Crypto-assets for US users. It requires a minimum first time deposit of $50 USD and $200 USD for most countries. Etoro accepts deposits in USD, GBP, EUR and AUD.